Nov 11, 2017, 02.58 PM IST
The corporate had posted a net loss of Rs 13.41 crore within the corresponding duration a yr in the past, GVK Power and Infrastructure stated in a regulatory submitting to inventory exchanges.
Total earnings all over the quarter rose to Rs 20.16 crore as in comparison to Rs 18.55 crore, it stated.
In a separate submitting, GVK Power and Infrastructure stated its board has accredited the resignation of GVK Reddy as managing director of the corporate.
He, on the other hand, will proceed at the board as a non- government chairman, it stated.
The board additionally licensed appointment of P V Prasanna Reddy as whole-time director of the corporate for a duration of 3 years from November 11, 2017 with none remuneration.
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